Australia’s minister for trade Simon Birmingham, pictured  in 2014. Photograph: Stefan Postles/Getty Images

Australia’s trade minister has said his country is ready to sign a fast-tracked trade agreement with the UK in the event of a no-deal Brexit, but pour(...)

Kenneth Hayne’s report recommends that commissions should be largely eliminated from the financial sector, including mortgage broking, financial planning and insurance sales. Photograph:  Mick Tsikas/Reuters

Australia’s royal commission into its banking and finance industries was a long time coming. In 2009, the Australia and New Zealand Banking Group paid(...)

Compared with their 2017 peak, house prices in Sydney  have now dropped 11.1 per cent. Photograph: Mick Tsikas/EPA

Australia has not seen a recession since the June quarter of 1991 but if house prices can be a harbinger of economic wellbeing, storm clouds are gath(...)

 Sinead Kane with running partner John O’Regan as she prepares to  become the first visually impaired athlete to complete the World Marathon Challenge, a race consisting of seven marathons on seven continents in seven days.  Photograph:  Sam Barnes/Sportsfile

Everyone has a story, Sinead Kane says. Hers began on Tuesday with a flight to Chile. She will fly south to Antarctica and back to Chile, continue to (...)

 QT Sydney, Australia

QT Sydney Australia qtsydney.com.auIf you’re flying half way around the world with a tot or toddler (hats off to you), you won’t want to lug bags of b(...)

Prime Minister Julia Gillard during question time in Canberra, Australia. Photo by Stefan Postles/Getty Images

Australia is set to have a new prime minister after Julia Gillard lost a battle for the leadership of the ruling Labor Party to her predecessor Kevin (...)

Australia's Foreign Minister Bob Carr made the comments to ABC television late on Tuesday from China, where he is on a state visit. Photograph: Reuters

Australia’s foreign minister Bob Carr says Margaret Thatcher made an “unabashedly racist” comment to him about Asian immigration. Speaki(...)